Protesting against the government's decision to revise petrol and diesel prices daily for consumers across the country from June 16, petrol pump owners in India have decided not to purchase fuel from OMCs.

The decision came in the wake of the successful pilot project, launched by state-owned petroleum companies, in five cities across the country -- Puducherry, Visakhapatnam, Udaipur, Jamshedpur and Chandigarh.

According to a Business Standard report, even though the associations are not calling it a strike, they say that “no-purchase” means petrol pumps are likely to go dry when their stock gets over.

The dealers were worried because of the declining stock value and demanded an increase in dealer commission, which is 2-3%. According to sources, oil marketing companies are likely to take a call on dealer commission by June 30.